IBC Advanced Alloys (CVE:IB) Hits New 1-Year Low – Here’s What Happened

IBC Advanced Alloys Corp. (CVE:IB – Get Free Report) shares hit a new 52-week low on Monday. The company traded as low as C$0.10 and last traded at C$0.10, with a volume of 17,000 shares changing hands. The stock had previously closed at C$0.10.

IBC Advanced Alloys Price Performance

The company has a market cap of C$11.52 million, a price-to-earnings ratio of -5.00 and a beta of 1.55. The company has a quick ratio of 0.18, a current ratio of 0.74 and a debt-to-equity ratio of 3,167.47. The company’s fifty day moving average price is C$0.16 and its two-hundred day moving average price is C$0.18.

IBC Advanced Alloys Company Profile

(Get Free Report)

IBC Advanced Alloys Corp. develops, produces, and sells specialty alloy products in the United States and internationally. The company operates through Copper Alloys and Engineered Materials segments. It offers various copper alloys as castings and forgings, such as beryllium copper, chrome copper, oxygen-free high conductivity copper, and aluminum bronze in the form of plates, blocks, rounds, discs, bars, rings, tubes, rods, and other custom forgings, as well as specialty copper alloy forgings for plastic mold tooling and resistance welding applications.

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